The quaint Fairfax / Beverly Center area wine store and cafe boasts a
fantastic ion of wine and complements their offerings with onsite
tastings and providing patrons a fine cafe menu for onsite or take-away
dining. As the venue is not a bona-fide restaurant it does not have a hood or
kitchen. As it migrated from a retail-driven concept to a food driven one food
service is not required but itís a solid customer draw and revenue generator!
The gourmet shopís menu complements its wine ion.
The 1,146 square foot combination retail and cafe venue leases for $5,800
per month plus $1,176 in triple net expenses. The leaseís term expires in
2020 with one 5 year option. All of the businessís furniture, fixtures,
equipment, goodwill and Type 42 Beer & Wine license will be included in the
sale. Approximately $10,000 in wine inventory will be sold at cost at close.
The unit has 2 rest rooms and a managerís office.
While competition exists in the retail craft beer and wine segment of the
market, and also abounds in the light fare that is prepared for patrons, this
venue uniquely combines the two to create a more thorough customer
experience. As such, its stands out amongst others in an area that has a
number of dining and shopping choices.
New operators will likely want to capitalize on the foundation that has been
built, but enhance it by bolstering the businessís retail, catering and gift
basket components. The venue caters to both food and wine epicureans as
well as neighborhood patrons looking for a quick quality bite, but one need
not be a connoisseur of the finer things to appreciate the items on offer.
The store could promote its established gourmet food and wine market
position via the addition of complementary higher-end retail items such as
pastas, cheeses, charcuterie, truffles, caviar, and gourmet chocolates, olive
oils, vinegars as well as unique imports. Benefits may also be achieved from
website improvements that promote the retail ion or food options may
be expanded with the addition of an electric hood. The venue has fantastic
panini style sandwiches but they are not heavily promoted in the area.